XRP News: Future Uncertainty Amid Declining DEX Volume and Market Misalignment
| Download App for Android | Download App for iOS |
| Start Trading XRP on BTCC Today! <<<< | |
The XRP Ledger has seen a significant decline in decentralized exchange (DEX) volume, sparking concerns within the community. Despite being one of the trending crypto assets since Donald Trump’s re-election, the altcoin faces challenges that highlight a mismatch between its market valuation and practical usability.
XRP Ledger DEX Volume Falls Below $50,000, Sparking Community Concerns
When compared to leading blockchain networks, the XRP ledger suffers from a shortage of nodes, validators, and smart contract token holdings. This discrepancy highlights a clear misalignment between the altcoin’s market valuation and the practical usability of its blockchain network. Since Donald Trump’s re-election in November 2024, XRP has become one of the most trending crypto assets in the market. Under the SEC’s pro-crypto regulatory shift, XRP has surged nearly 300% in the past four months, and become the 4th largest asset in the market. Most notably, the SEC dropped its long-running lawsuit against Ripple, sparking hope that the token could reach an all-time high. Despite all of these positive developments, the XRP Ledger has shown little to no improvement in trading.
Weekly Crypto Regulation News Roundup: SEC Ends Ripple Case, Trump Calls for Stablecoin Regulation
The SEC has ended its legal dispute with Ripple over XRP, hinting at a move toward streamlined oversight with more predictable regulatory approaches. Additionally, President Donald Trump called for clear stablecoin regulation to establish uniform standards, easing compliance and reducing market uncertainty. These regulatory shifts may foster a clearer environment that encourages institutional participation and deeper market engagement. The evolving U.S. framework could set international benchmarks, prompting a broader rethinking of digital asset rules.
Ripple [XRP] Shows Reversal Signals
Ripple [XRP] has been experiencing volatility with a significant price surge followed by the formation of a head-and-shoulders pattern on the chart, signaling a potential bearish reversal. Key support levels are at $2.40 and $2.15. At the time of writing, XRP was trading at $2.40, down 1.96% in the last 24 hours. On-chain activity remained strong with rising active addresses and a balanced market sentiment. The question remains whether this pattern will result in a price decline or if XRP can break through resistance levels and maintain its upward trend.
FOX Journalist Slams Ripple CEO for Lack of Transparency
Fox Business reporter Charles Gasparino has raised questions about Ripple and its CEO Brad Garlinghouse. According to Gasparino, Garlinghouse may now be worth an estimated $10 billion due to the recent price surge in XRP. However, he criticized the lack of transparency from Ripple regarding its financial disclosures. Gasparino suggested that this could become a pivotal issue for former SEC Commissioner Paul Atkins.
